Mitsubishi Rayon and energy company PTT (Bangkok) say they have signed a memorandum of understanding to study jointly the establishment of a carbon fiber manufacturing business in Southeast Asia. The joint study will target downstream industries such as automotive, energy, civil engineering, and infrastructure. Thailand is the most likely location of a commercial production plant for carbon fiber and composites, depending on the outcome of the study, because of the country's well developed automotive industry, PTT and Mitsubishi Rayon say. PTT and Mitsubishi...